£243,107
This estimated value is based upon the latest sale price for the house of £157,000 on 17 Jun 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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189 Southwark Park Road, SE16 3TX
Phone: 02036411684
| Price Paid | Date |
|---|---|
| £157,000 | 17 Jun 2014 |
| £285,000 | 9 Apr 2008 |
| £139,000 | 1 Apr 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in June 2014 the House Price Index for GREATER LONDON was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £157,000 results in an estimated price of approximately £243,107.
| 17 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £157,000 | £86,107 | £243,107 |
The Postcode Pricing Model uses changes in average sales price within the SE1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 0.559 % | £878 | £157,878 |
| 3 Month Average | 10.155 % | £15,943 | £172,943 |
| 6 Month Average | 11.310 % | £17,757 | £174,757 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2024 | £373,000 | £373,000 | FLAT 3 549 OLD KENT ROAD |
| 21 Dec 2023 | £279,591 | £271,000 | FLAT 5 VANTAGE COURT, 551 OLD KENT ROAD |
| 24 Nov 2023 | £256,511 | £250,000 | FLAT 5 545 OLD KENT ROAD |
| 14 Aug 2023 | £311,875 | £306,250 | FLAT 3 VANTAGE COURT, 551 OLD KENT ROAD |
| 9 Jun 2023 | £147,965 | £145,000 | FLAT 10 WETTON HOUSE, 278 ST JAMES'S ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 12 Aug 2014. Using an estimated price of £243,107 means this house is valued at £5,788 per sq meter (£537 per sq foot).
The average size of a house on OLD KENT ROAD is 61 sq meters (657 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Lovegrove Street | |
| Sep 2024 | Anti-social behaviour | On or near Lovegrove Street | |
| Aug 2024 | Anti-social behaviour | On or near Lovegrove Street | |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Olmar Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Olmar Street |